Bruce Richardson Quotes (6 Quotes)

We're still waiting to see the growth story from buying all these applications, and so far we haven't seen it.

All of the asset managers want to metamorphose into investment banks instead of going out of business when their mandates expire. Having a brokerage allows them to go into the initial public offering underwriting business and still keep most of the fees they generate instead of feeding them to other brokers.

They'll still be in the game in five years the question is, will they still be independent

Since starting the company in 1986, AMR Research has long appreciated the innovation that goes into creating new software products.

Fusion is not expected to be done until 2008, and then customers will evaluate the software through 2010. They're taking a wait-and-see approach.

Software as a service is something Microsoft wanted to pretend wasn't ever going to happen. The problem they have is that customers want it. Now more and more of the Microsoft franchise is being encroached upon, and not by a bunch of pimply kids like it was in the early Internet days, but by a company with a 100 billion market cap.